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Intel (INTC) Stock Falls On Report Of Major Chip Strategy Shift

Intel Corp (NASDAQ:INTC) shares are trading lower Wednesday afternoon following a report that CEO Lip-Bu Tan is considering a strategic pivot away from marketing its costly 18A chipmaking process to external clients, per a Reuters report.

Benzinga · Jul 2, 2025

Intel CEO Lip-Bu Tan Weighs Ending Marketing Of Expensive Chip Manufacturing As Losses Mount And Rival TSMC Surges Ahead: Report

Intel Corp. (NASDAQ:INTC) CEO Lip-Bu Tan is reportedly evaluating whether to stop marketing the company's costly 18A chipmaking process to outside customers, a move that could signal a major strategic pivot amid mounting financial losses and fierce competition from Taiwan Semiconductor Manufacturing Company (NYSE:TSM)

Benzinga · Jul 2, 2025

Intel’s former CEO speaks out — "I wanted to finish what I started"

Former Intel CEO Pat Gelsinger says he wasn’t allowed to finish what he started and suggests the company forced him out before his turnaround was complete.

Windows Central · Jul 1, 2025

Intel set for huge factory job cuts as it makes a major policy shift

Intel is still looking to cut costs - and up to one in five factory workers could lose their jobs.

TechRadar · Jun 17, 2025

Intel draws a line in the sand to boost gross margins — new products must deliver 50% gross profit to get the green light

In a presentation at Bank of America's global technology conference this year, Intel Products CEO Michelle Johnston Holthaus discussed some of Intel's intense moves to get back into contention against a fierce chip industry.

Tom’s Hardware · Jun 5, 2025

Intel’s Turnaround May Be the Best Bet No One’s Watching

Intel's capture of an alleged embezzlement highlights CEO Tan's efficiency push, suggesting its undervalued stock presents a unique long-term opportunity.

MarketBeat · May 30, 2025

Is Intel Stock a Buy on Rumors of Networking Business Sale?

Intel is moving away from underperforming businesses. Could selling its networking and edge unit improve INTC stock outlook?

Barchart · May 22, 2025

Intel Refocuses: NEX Sale and Foundry Pivot Signal New Era

Intel's strategic refocus intensifies with potential NEX unit sale discussions and reaffirmed confidence in its foundry's path to future profitability.

MarketBeat · May 21, 2025

Intel’s Market Share Just Sunk to a 20-Year Low. Should You Sell INTC Stock Now?

Intel’s CPU share slid to 65.3%, its weakest since 2002, and any comeback is likely to be uphill.

Barchart · May 19, 2025

Tariffs and TSMC delays could turn Apple into an Intel Foundry customer

During a conversation at the J.P. Morgan's Global Technology, Media, and Communications conference in Boston, Intel's CFO David Zinsner confirmed that Intel doesn't have a significant volume of external chips. At least on the 18A process node but things should change with 14A.

Laptop · May 14, 2025